salty, if uve been here long enough ull have realised that GXY got a 50% pre-payment from their 2016 lithium pricing shipments (half of $600) in advance. the above was a reconciliation effort on that matter.
the 2017 pricing is now coming in full ($905) and we are all awaiting 2018 pricing next, which will be "something starting with a 1"). note, these are in USD.
Galaxy are always the leaders in this and every1 else always looks for their lead on pricing. its part of the responsibility of being a producer, instead of a pump and flip company.
Chinese will NEVER buy anything without a JORC and a DFS. they especially dont like pissing the wind!